Spain arrests eight over global bank cyber heists


  • World
  • Monday, 30 Dec 2013

MADRID (Reuters) - Spanish police on Sunday said they had arrested eight people suspected of helping to steal more than $60 million from banks worldwide by hacking into credit card processing firms and withdrawing money from cash machines.

The arrests are one of the biggest breakthroughs yet outside the United States in connection with a series of global bank heists, coordinated across numerous countries by cells which withdrew millions of dollars in a matter of hours.

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